InvestorsHub Logo
Followers 20
Posts 1694
Boards Moderated 0
Alias Born 01/16/2014

Re: Geo2014 post# 98620

Wednesday, 10/16/2019 3:54:37 PM

Wednesday, October 16, 2019 3:54:37 PM

Post# of 140464
Just my opinion, but this is a worse-case scenario. Trying to raise money in the wake of two major supplier disputes and a lawsuit means we are probably headed for a fire sale if the raise fails. If the raise succeeds, it’s going to be $15M in the form of like 100M shares. But the money still won’t fix the fact that R&D is now essentially dead. Shaking my head...what a missed opportunity.